BofA Finance LLC (BAC) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 3.47%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 3.47% | Share-based compensation / revenue. Period ending 2026-06-30. $4.14B ÷ $119.24B × 100 ≈ 3.47% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 119.24B USD | |
| Stock-based compensation | 4.14B USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | (m) | |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $119.24B | $4.14B | (m) | (m) | (m) | 3.47% | (m) | (m) |
| 2026-03-31 | (m) | $115.12B | $4.03B | (m) | (m) | (m) | 3.50% | (m) | (m) |
| 2025-12-31 | (m) | $113.10B | $4.00B | (m) | (m) | (m) | 3.54% | (m) | (m) |
| 2025-09-30 | (m) | $107.26B | $3.92B | (m) | (m) | (m) | 3.66% | (m) | (m) |
| 2025-06-30 | (m) | $104.52B | $3.74B | (m) | (m) | (m) | 3.58% | (m) | (m) |
| 2025-03-31 | (m) | $103.44B | $3.57B | (m) | (m) | (m) | 3.45% | (m) | (m) |
| 2024-12-31 | (m) | $101.89B | $3.43B | (m) | (m) | (m) | 3.37% | (m) | (m) |
| 2024-09-30 | (m) | $98.50B | $3.27B | (m) | (m) | (m) | 3.32% | (m) | (m) |
| 2024-06-30 | (m) | $98.32B | $3.03B | (m) | (m) | (m) | 3.08% | (m) | (m) |
| 2024-03-31 | (m) | $98.14B | $3.01B | (m) | $81.38B | (m) | 3.07% | (m) | Reported |
| 2023-12-31 | (m) | $98.58B | $2.94B | (m) | $73.33B | (m) | 2.98% | (m) | Reported |
| 2023-09-30 | (m) | $101.15B | $2.84B | (m) | $62.04B | (m) | 2.81% | (m) | Reported |
| 2023-06-30 | (m) | $100.49B | $2.96B | (m) | $48.65B | (m) | 2.94% | (m) | Reported |
| 2023-03-31 | (m) | $97.98B | $2.92B | (m) | $32.99B | (m) | 2.98% | (m) | Reported |
| 2022-12-31 | (m) | $94.95B | $2.86B | (m) | $20.10B | (m) | 3.01% | (m) | Reported |
| 2022-09-30 | (m) | $92.48B | $2.97B | (m) | $10.85B | (m) | 3.21% | (m) | Reported |
| 2022-06-30 | (m) | $90.74B | $2.84B | (m) | $6.24B | (m) | 3.13% | (m) | Reported |
| 2022-03-31 | (m) | $89.52B | $2.65B | (m) | $4.86B | (m) | 2.96% | (m) | Reported |
| 2021-12-31 | (m) | $89.11B | $2.77B | (m) | $4.74B | (m) | 3.11% | (m) | Reported |
| 2021-09-30 | (m) | $87.15B | $2.46B | (m) | $4.80B | (m) | 2.83% | (m) | Reported |
| 2021-06-30 | (m) | $84.72B | $2.42B | (m) | $4.92B | (m) | 2.85% | (m) | Reported |
| 2021-03-31 | (m) | $85.58B | $2.34B | (m) | $5.46B | (m) | 2.74% | (m) | Reported |
| 2020-12-31 | (m) | $85.53B | $2.03B | (m) | $8.22B | (m) | 2.37% | (m) | Reported |
| 2020-09-30 | (m) | $87.78B | $2.08B | (m) | $11.80B | (m) | 2.37% | (m) | Reported |
| 2020-06-30 | (m) | $90.25B | $2.07B | (m) | $16.18B | (m) | 2.29% | (m) | Reported |
| 2020-03-31 | (m) | $91.01B | $2.01B | (m) | $20.52B | (m) | 2.21% | (m) | Reported |
| 2019-12-31 | (m) | $91.24B | $1.97B | (m) | $22.34B | (m) | 2.16% | (m) | Reported |
| 2019-09-30 | (m) | $91.80B | $1.90B | (m) | $23.62B | (m) | 2.07% | (m) | Reported |
| 2019-06-30 | (m) | $91.72B | $1.84B | (m) | $22.80B | (m) | 2.00% | (m) | Reported |
| 2019-03-31 | (m) | $91.18B | $1.82B | (m) | $21.30B | (m) | 1.99% | (m) | Reported |
| 2018-12-31 | (m) | $91.25B | $1.73B | (m) | $19.34B | (m) | 1.89% | (m) | Reported |
| 2018-09-30 | (m) | $88.95B | $1.75B | (m) | $17.41B | (m) | 1.97% | (m) | Reported |
| 2018-06-30 | (m) | $88.01B | $1.76B | (m) | $15.81B | (m) | 2.00% | (m) | Reported |
| 2018-03-31 | (m) | $88.23B | $1.76B | (m) | $14.25B | (m) | 1.99% | (m) | Reported |
| 2017-12-31 | (m) | $87.35B | $1.65B | (m) | $12.91B | (m) | 1.89% | (m) | Reported |
| 2017-09-30 | (m) | $86.91B | $1.61B | (m) | $11.88B | (m) | 1.86% | (m) | Reported |
| 2017-06-30 | (m) | $86.70B | $1.54B | (m) | $10.79B | (m) | 1.77% | (m) | Reported |
| 2017-03-31 | (m) | $85.16B | $1.46B | (m) | $10.09B | (m) | 1.72% | (m) | Reported |
| 2016-12-31 | (m) | $83.70B | $1.24B | (m) | $9.96B | (m) | 1.48% | (m) | Reported |
| 2016-09-30 | (m) | $83.29B | $1.10B | (m) | $10.29B | (m) | 1.32% | (m) | Reported |
| 2016-06-30 | (m) | $80.09B | $963.00M | (m) | $10.37B | (m) | 1.20% | (m) | Reported |
| 2016-03-31 | (m) | $81.11B | (m) | (m) | $10.56B | (m) | (m) | (m) | Reported |
| 2015-12-31 | (m) | $82.51B | (m) | (m) | $10.55B | (m) | (m) | (m) | Reported |
| 2015-09-30 | (m) | $82.73B | (m) | (m) | $10.17B | (m) | (m) | (m) | Reported |
| 2015-06-30 | (m) | $83.25B | (m) | (m) | $10.31B | (m) | (m) | (m) | Reported |
| 2015-03-31 | (m) | $82.88B | (m) | (m) | $10.60B | (m) | (m) | (m) | Reported |
| 2014-12-31 | (m) | $84.25B | (m) | (m) | $10.93B | (m) | (m) | (m) | Reported |
| 2014-09-30 | (m) | $87.01B | (m) | (m) | $11.34B | (m) | (m) | (m) | Reported |
| 2014-06-30 | (m) | $87.33B | (m) | (m) | $11.82B | (m) | (m) | (m) | Reported |
| 2014-03-31 | (m) | $88.31B | (m) | (m) | $12.17B | (m) | (m) | (m) | Reported |
| 2013-12-31 | (m) | $88.94B | (m) | (m) | $12.76B | (m) | (m) | (m) | Reported |
| 2013-09-30 | (m) | $86.11B | (m) | (m) | $13.48B | (m) | (m) | (m) | Reported |
| 2013-06-30 | (m) | $85.01B | (m) | (m) | $14.40B | (m) | (m) | (m) | Reported |
| 2013-03-31 | (m) | $84.25B | (m) | (m) | $15.57B | (m) | (m) | (m) | Reported |
| 2012-12-31 | (m) | $83.33B | (m) | (m) | $16.74B | (m) | (m) | (m) | Reported |
| 2012-09-30 | (m) | $89.56B | (m) | (m) | $17.81B | (m) | (m) | (m) | Reported |
| 2012-06-30 | (m) | $97.59B | (m) | (m) | $19.13B | (m) | (m) | (m) | Reported |
| 2012-03-31 | (m) | $88.86B | (m) | (m) | $20.49B | (m) | (m) | (m) | Reported |
| 2011-12-31 | (m) | $93.45B | (m) | (m) | $21.62B | (m) | (m) | (m) | Reported |
| 2011-09-30 | (m) | $90.96B | (m) | (m) | $22.76B | (m) | (m) | (m) | Reported |
| 2011-06-30 | (m) | $89.21B | (m) | (m) | $23.17B | (m) | (m) | (m) | Reported |
| 2011-03-31 | (m) | $105.13B | (m) | (m) | $23.59B | (m) | (m) | (m) | Reported |
| 2010-12-31 | (m) | $110.22B | (m) | (m) | $23.97B | (m) | (m) | (m) | Reported |
| 2010-09-30 | (m) | $112.90B | (m) | (m) | $24.21B | (m) | (m) | (m) | Reported |
| 2010-06-30 | (m) | $112.23B | (m) | (m) | $25.55B | (m) | (m) | (m) | Reported |
| 2010-03-31 | (m) | $115.85B | (m) | (m) | $27.28B | (m) | (m) | (m) | Reported |
| 2009-12-31 | (m) | $119.64B | (m) | (m) | $30.81B | (m) | (m) | (m) | Reported |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | $72.78B | (m) | (m) | $40.32B | (m) | (m) | (m) | Reported |
| 2008-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2007-12-31 | (m) | $66.83B | (m) | (m) | $52.86B | (m) | (m) | (m) | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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